Egypt's current account gap narrows, but overall BoP records deficit    Egypt's PM reviews debt reduction strategy, eyes more private investment    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian pound ticks down in early Tuesday trading    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt exports 175K tons of food in one week    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Shell to connect 100m cubic feet of gas from 9B phase to production in October
110m cubic feet decline in gas production from Borollos, Rashid fields, says source
Mohamed Adel Published in Daily News Egypt on 12 - 09 - 2018

Dutch Shell has completed drilling two wells in phase 9B in Borollos in the West Delta region in the deep waters of the Mediterranean Sea, in order to connect about 100m cubic feet of gas for production starting from October.
A source in Rashid Petroleum Company—responsible for developing the project—told Daily News Egypt in an exclusive statement that drilling two wells in the phase was completed using a drilling rig in the region. It was moved, in order to start drilling a third well soon.
The source added that drilling the remaining eight wells, alongside with two exploration wells, will take place in the third quarter of 2019, in order to take the production rates of the project to nearly 400m cubic feet of gas and 3,000 barrels of condensates daily.
The source explained that the production rate of a single well in 9B in Borollos ranges from 40 to 50m cubic feet of gas per day.
Speeding up the development of the 9B phase is taking place, in order to compensate for the natural decline rates of the production in Borollos in the deep water of the Mediterranean Sea, he pointed out.
The source said that the total production of Borollos and Rashid fields has declined to nearly 390m cubic feet of gas daily, compared to 500m cubic feet last fiscal year.
He explained that the production is divided into 370m cubic feet of gas daily from Borollos field, and 20m cubic feet of gas from Rashid's concession area.
Shell has allocated about $750m of investments for the development of the 9B phase in Borollos in the deep water of the Mediterranean Sea.
Rashid has started the procedures to bring a second drilling rig, in order to speed up the exploratory drilling programme in the area through launching a bid. The new exploration wells to be drilled in the deep waters in high temperatures and under high pressures will contribute to providing reserves of 351bn cubic feet of natural gas, in addition to 3.4m barrels of condensates in light of the promising potentials of these wells.

Clic here to read the story from its source.